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European Countries With a Smaller Economy Than Luxembourg


By: Ian Wright | Last Updated: September 4, 2025

European Countries With a Smaller Economy Than Luxembourg

Map created by reddit user Chief_of_Achnacarry

The map shows European countries whose total GDP (in nominal terms) is smaller than that of tiny Luxembourg. In 2016, according to the IMF, Luxembourg’s total GDP was $60.98 billion, making it the world’s 75th largest economy.

However, with a population of only 543,202 people, this means, on a per capita basis, Luxembourg ranks number 1, according to the IMF (or 3rd behind Liechtenstein and Monaco according to the UN). A total of $101,994 per person!

Going down the list of economies on the map smaller than Luxembourg’s you have:

  1. Lebanon: $51.82 billion ($11,157 per capita)
  2. Bulgaria: $50.45 billion ($6,843 per capita)
  3. Croatia: $49.86 billion ($11,573 per capita)
  4. Belarus: $48.13 billion ($5,749 per capita)
  5. Slovenia: $44.12 billion ($20,747 per capita)
  6. Lithuania: $42.78 billion ($14,180 per capita)
  7. Tunisia: $42.39 billion ($3,923 per capita)
  8. Jordan: $39.45 billion ($3,976 per capita)
  9. Serbia: $37.76 billion ($5,120 per capita)
  10. Azerbaijan: $35.69 billion ($5,739 per capita)
  11. Latvia: $27.95 billion ($13,573 per capita)
  12. Estonia: $23.48 billion ($17,896 per capita)
  13. Cyprus: $19,93 billion ($22,822 per capita)
  14. Iceland: $19.44 billion ($50,277 per capita)
  15. Bosnia and Herzegovina: $16.53 billion ($4,140 per capita)
  16. Georgia: $14.46 billion ($3,754 per capita)
  17. Arab Palestinian areas: $12.77 billion ($2,712 per capita) [UN]
  18. Albania: $12.14 billion ($3,945 per capita)
  19. Armenia: $10.75 billion ($3,521 per capita)
  20. Macedonia: $10.49 billion ($4,871 per capita)
  21. Malta: $10.46 billion ($22,713 per capita)
  22. Monaco: $7.06 billion ($165,871 per capita) [UN]
  23. Moldova: $6.65 billion ($1,821 per capita)
  24. Kosovo: $6.56 billion ($3,548 per capita [World Bank])
  25. Liechtenstein: $5.86 billion ($169,492 per capita) [UN]
  26. Montenegro: $4.24 billion ($6,409 per capita)
  27. Andorra: $3.28 billion ($39,896 per capita) [UN]
  28. San Marino: $1.56 billion ($49,615 per capita)

Note: There is no GDP data for the Vatican

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Comments

  1. Chico says

    December 10, 2018 at 10:20 pm

    Cyprus is not colored in red.

    – EH

    Reply
  2. Samir says

    September 16, 2020 at 5:15 am

    Hey
    Amazing and very usefull post. So Liechtenstein has a very high HDI score.
    Thanks but it’s true?

    Reply
  3. Juluanna says

    October 25, 2021 at 2:05 pm

    European countries? I think this map creator needs a geography lesson! All of these countries are NOT in Europe!

    Reply
    • Arman says

      August 14, 2025 at 12:39 pm

      In Down of Turkey, and Spain is not Europe, rest of them are. You need also geographic lesson. According to EU documents there are criterias requirements that the country should be in Europe for can be member and that’s why Morocco have been rejected in 1987 because it’s not Europe. You can read it in Netherlands university (Masstricht)

      https://ecamaastricht.org/blueandyellow-knowyourunion/beyond-formal-requirements-what-is-the-process-of-accession-to-the-eu#:~:text=To%20join%20the%20EU%2C%20a,considered%20a%20%E2%80%9CEuropean%20state%E2%80%9D.

      Reply

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